Dive into Ethdan.me, your personal guide to theEthereum blockchain, featuring expert insights, breaking news, and in-depth analysis from a seasoned developer. Explore DeFi, NFTs, and Web3 today!
Featured Story
- Get link
- Other Apps
Polygon Co-founder Jaynti Kanani Steps Back from Day-to-Day Operations: What Does This Mean for the Network?
Co-founder of Ethereum Layer 2 Polygon, Jaynti Kanani, Steps Back from Day-to-Day Operations
In a recent announcement, Jaynti Kanani, co-founder of Polygon, revealed his decision to step back from the day-to-day operations of the network. Kanani, who co-founded Polygon in 2017 alongside Sandeep Nailwal and Anurag Arjun, shared his plans in a post on X (formerly known as Twitter) on Wednesday. While he will no longer be involved in the daily grind, Kanani expressed his commitment to continue contributing to and supporting Polygon from the sidelines.
Sandeep Nailwal, another co-founder of Polygon, responded to Kanani's post with mixed emotions, acknowledging the value of their partnership and expressing a desire for a longer journey together. However, Nailwal also recognized the importance of individuals pursuing new adventures and personal growth.
Polygon Labs, the company behind the network, experienced a shakeup in its executive team back in July. Chief Legal Officer Marc Boiron was promoted to CEO, while President Ryan Wyatt transitioned into an advisory role. These changes reflect the company's commitment to strategic leadership and innovation.
Despite Kanani's departure, the news has had no immediate impact on the native token of the Polygon network, MATIC. The token has remained stable in the $0.55 to $0.58 range since the beginning of the month and currently holds a price of $0.58, reflecting a 3.5% increase in the last 24 hours.
When contacted by CoinDesk, Polygon declined to provide any comments regarding Kanani's departure.
- Get link
- Other Apps
Trending Stories
Unveiling the Journey of Digital Currency Group: A Deep Dive into the Rise and Challenges of a Crypto Behemoth
- Get link
- Other Apps
BLUR Token Surges 30% After Season 2 Airdrop and Binance Listing
- Get link
- Other Apps
# New York Attorney General Files Lawsuit Against Genesis Global Capital, Gemini Trust, and Digital Currency Group: Allegations of Fraud and Concealed Losses Shake Cryptocurrency Industry
- Get link
- Other Apps
Unconventional Encounters and Eccentricity: Exploring Art Basel's NFT Art Extravaganza at Miami Beach
- Get link
- Other Apps
Revolutionizing Cancer Detection: Hands-On with Ezra's AI-Powered MRI Scanner
- Get link
- Other Apps
Comments
Post a Comment